Should interest rates rise?

Please turn on JavaScript. Media requires JavaScript to play.

Advertisement

The base rate of interest has remained at 0.5% since March 2009, and today it is expected to be announced that the figure will not rise for the next month, despite a rise in inflation to well above the 2% target.

Former MPC members Professor Charles Goodhart and Willem Buiter debate whether the Bank of England should increase interest rates.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.